BLACKLINE, INC. (NYSE: BL) director granted 6,416 RSUs in annual award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Velastegui Sophia reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. director Sophia Velastegui received an automatic annual equity award of 6,416 restricted stock units on May 7, 2026 under the company’s Outside Director Compensation Policy. These RSUs vest in full on the earlier of one year from the award date or the day before the next annual stockholder meeting, subject to her continued board service. Following this grant, she holds 25,946 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Velastegui Sophia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,416 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,946 shares (Direct, null)
Footnotes (1)
- Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to the Reporting Person's continued service on the Issuer's board of directors through each vesting date.
Key Figures
RSUs granted: 6,416 shares
Grant price: $0.0000 per share
Holdings after grant: 25,946 shares
+1 more
4 metrics
RSUs granted
6,416 shares
Automatic annual RSU award on May 7, 2026
Grant price
$0.0000 per share
Equity compensation, no cash paid by director
Holdings after grant
25,946 shares
Total BlackLine common stock directly held after award
Vesting trigger
Earlier of 1 year or pre‑meeting
Vests on earlier of one-year from May 7, 2026 or day before next annual meeting
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, Award Date
3 terms
restricted stock unit ("RSU") financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant..."
Outside Director Compensation Policy financial
"automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy"
Award Date financial
"The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs..."
FAQ
What did BLACKLINE, INC. (BL) director Sophia Velastegui receive in this Form 4 filing?
Sophia Velastegui received an automatic annual award of 6,416 restricted stock units. The grant was made as part of BlackLine’s Outside Director Compensation Policy and represents stock-based compensation rather than an open-market purchase or sale of shares.
When do Sophia Velastegui’s 6,416 BlackLine RSUs from May 7, 2026 vest?
The 6,416 RSUs vest in full on the earlier of the one-year anniversary of May 7, 2026 or the day before BlackLine’s next annual stockholder meeting. Vesting is conditioned on her continued service on the board through the applicable vesting date.
Did Sophia Velastegui pay anything for the 6,416 BlackLine RSUs reported?
No cash was paid for the 6,416 RSUs; the per-share transaction price is reported as 0.0000. This indicates a compensation grant from BlackLine, not a market transaction where the director bought shares on an exchange.
Is the RSU grant to BlackLine director Sophia Velastegui part of a standard program?
Yes. The footnotes state the 6,416-share RSU grant is an automatic annual award under BlackLine’s Outside Director Compensation Policy, indicating it is a routine component of director compensation rather than a one-time or special equity award.